DP World reported record financial results for 2025, with revenue rising 22 per cent year on year to USD 24.4 billion, supported by strong growth across its ports, terminals and logistics businesses.
The Dubai-based global trade and logistics group said adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) increased 18 per cent to USD 6.4 billion, with margins at 26.3 per cent. Total group throughput rose 5.8 per cent to 93.4 million twenty-foot equivalent units (TEU), reflecting steady cargo volumes across its international network.
Profit for the year climbed 32.2 per cent to USD 1.96 billion, driven by operating leverage and tighter cost control. Operating cash flow also improved, rising 14 per cent to USD 6.3 billion.
Essa Kazim, chairman of DP World, said the group’s diversified operations and disciplined capital allocation helped it maintain strong earnings despite uncertainty in global trade. He said the company had benefited from a focus on higher-yield cargo and an integrated trade platform capable of adapting to shifting supply chains.
Yuvraj Narayan, group chief executive officer of DP World, said the Ports and Terminals business delivered a strong performance during the year, supported by healthy cargo volumes and improved yields. Revenue per TEU on a like-for-like basis increased 8.5 per cent.
The company also consolidated its marine services operations under a single DP World brand in 2025, part of a broader effort to strengthen its position as an integrated logistics provider.
Return on capital employed improved to 9.9 per cent in 2025, compared with 8.9 per cent in the previous year. Capital expenditure rose to USD 3.1 billion from USD 2.2 billion in 2024, supporting capacity expansion and operational improvements across the network. Total port capacity increased to 109 million TEU.
For 2026, the group plans capital spending of about USD 3 billion on major projects, including expansions at Jebel Ali Port, developments at London Gateway, and new infrastructure at Ndayane Port and Jeddah.
India remained an important market for the company. Its ports and terminals operations in the country recorded their strongest performance to date, while the group’s economic zones in Chennai, Mumbai and Kochi reported occupancy levels of more than 80 per cent.
Construction of the 2.19 million TEU Tuna Tekra Terminal is progressing on schedule, while the company has also expanded multimodal rail and inland logistics links connecting ports with India’s hinterland markets.
Rizwan Soomar, chief executive and managing director for the subcontinent, Central Asia, Levant and Egypt region, said India continues to be a key growth market for the company. DP World has also announced plans to invest an additional USD 5 billion in the country to strengthen its integrated supply chain network and support both exports and domestic trade. |
